The information provided on this page is for Oak Point Water Control and Improvement District No. 1 of Denton County. Below you can find links to information related to the financial and bookkeeping records for the District.

The district generally meets on the 1st Wednesday @ 12:00 p.m. at 2728 N. Harwood Street, Suite 500, Dallas, Tx 75201. Specific meeting date/time and location is included on meeting agendas.

Residents of the district have the right to request the designation of a meeting location within the district under Water Code Section 49.062(g). A description of this process can be found at https://www.tceq.texas.gov/waterdistricts.

Change in the District’s Revenue from 2023 to 2024: $26,312; 12.96%
Change in the District’s Expenses from 2023 to 2024: $6,030; 8.78%

The amount of property tax revenue budgeted for maintenance and operations for the preceding two years and current year:

• 2022: $134,500.00
• 2023: $202,800.00
• 2024: $223,412.00

The amount of property tax revenue budgeted for debt service for the preceding two years and current year:

• 2022: $560,749.00
• 2023: TBD
• 2024: TBD

For additional Budget information, please click on the above Approved Budget link.

For additional Audit information, please click on the above Financial Report link.

Adopted 2021 Tax Rate (per $100 of assessed valuation)- Total $0.4840
Maintenance & Operations: $0.1024
Debt Service: $0.3816

Adopted 2022 Tax Rate (per $100 of assessed valuation)- Total $0.4328
Maintenance & Operations: $0.12
Debt Service: $0.3128

Adopted 2023 Tax Rate (per $100 of assessed valuation)- Total. $0.4059
Maintenance & Operations: $0.1181
Debt Service: $0.2878

Proposed 2024 Tax Rate (per $100 of assessed valuation)- Total TBD
Maintenance & Operations: TBD
Debt Service: TBD